Trade Openness, Foreign Direct Investment And Child Labor
- Topics:
- Foreign Direct Investment
- Tags:
- Child,
- Management,
- London School Of Economics,
- Investment,
- Globalization,
- Foreign Direct Investment (FDI),
- Foreign Direct Investment,
- Finance,
- Currency & Foreign Exchange,
- Strategy
FREE Registration is required
Overview: The skeptics of globalization argue that increased trade openness and foreign direct investment induce developing countries to keep labor costs low, for example, by letting children work. This paper argues that there are good theoretical reasons why globalization might actually have the opposite effect. This is tested with various measures of child labor and provides the first analysis of foreign investment in addition to trade. It present evidence that countries that are more open to trade and/or have a higher stock of foreign direct investment also have a lower incidence of child labor.
(Is this item miscategorized? Does it need more tags? Let us know.)
Format: PDF | Size: 308KB | Date: Dec 2004 | Pages: 21
